​The German Federal Government’s bill relating to the Tax Act Accompanying the Brexit (Brexit-Steuerbegleitgesetz) dated 4 January 2019, as amended, provides for the permanent recognition of UK assets as cover assets.

​On February 18, 2019, the German Federal Financial Supervisory Authority (BaFin) issued a general administrative decree prohibiting the creation and increase of net short selling positions in shares of Wirecard AG (DE0007472060).

The Q1 2019 edition of Legal Headwinds focuses on key legal and regulatory developments relevant to asset managers and financial institutions operating in the UK for the period from 01 January 2019 to 31 March 2019.

​The Q1 2019 edition of Legal Headwinds focuses on key regulatory developments relevant to asset managers and financial institutions operating in the Netherlands for the period from 01 January 2019 to 31 March 2019.